Beyond Carry Trade: Bitcoin’s Surprising -0.90 Link to Dollar-Yen Dynamics
Bitcoin’s (BTC) price trajectory has recently unveiled an intriguing and potent negative correlation with the dollar-yen (USD/JPY) exchange rate. This unexpected alignment challenges conventional market wisdom, particularly the long-held ‘carry trade’ theory. For traders and investors navigating global currency and crypto markets, understanding this shift is crucial. Unpacking the -0.90 Correlation Recent data indicates that … Read more



